The official awards ceremony for douchebags, where those displaying the most douchebagginess and engaging in the greatest amount of douchebaggery are granted honors and forever remembered for being the douchebags that they are.

"Envelope, please.......and tonights's Douchie goes to............ the loud, obnoxiuos, drunk, greasy douchebag at the end of the bar who keeps yelling at the bartender for vodka straight-up on the rocks. Congratulations!!"

The pose of holding one's knuckle above your chin and holding a pose. Started by B-Boys and now has spread to the douche bag population.
Often used by guys who get their photos taken at the mall or in their myspace photo. Often seen in group party photos.
Can be used to decribe the pose or the person holding the pose.

Girl 1(while staring at photos on Facebook)
I can't believe I was so drunk I hooked up with that guy.
Girl 2
Let me guess...The Douchy.